| New Year's resolutions are often difficult to follow | | | | tourism agencies are beginning to clamp down on |
| and keep. Take for example my very own resolution | | | | houses that are unregistered to let. Those that do |
| to save my money as opposed to spending | | | | not declare their rental earnings could face five figure |
| unnecessarily - this is a difficult routine to follow for | | | | fines or even fines amounting to more than what |
| someone who is accustomed to buying whatever | | | | they earn from renting - as most houses rent out to |
| she sees on a regular basis. | | | | cover the mortgage payments. |
| Nevertheless, what is motivating me to save is the | | | | Buying a property in Spain can cost as little as 20,000 |
| ambition to buy and invest on a Spanish property. It | | | | Euros, if you are keen on purchasing a typical |
| would appear that my desire to retire abroad is ever | | | | two-bedroom apartment that is in need of building |
| growing strong within me and the property market in | | | | work. Whereas, a villa can cost between 250,000 |
| Spain looks to be more promising than the market in | | | | Euros to 1 million Euros, which is always kept in high |
| the UK. | | | | quality condition and situated by beautiful sceneries. |
| Many British people are retiring in Spain and there are | | | | The northern region of Spain tend to be more |
| now over 300,000 British expatriates living and | | | | expensive as there is not a lot of land space of new |
| various different parts of this country. First time | | | | developments, however the southern regions do |
| buyers are also considering the advantages of buying | | | | offer a lot more land space and there is more |
| in Spain, as the prospect of investment seem more | | | | opportunity for new housing developments. |
| affordable. So why are people so attracted to this | | | | With all of the above in mind it is no wonder why |
| country? | | | | people are flocking to the feet of Spain. One thing |
| Aside from the wonderful sunny weather, beautiful | | | | most buyers will need to keep in mind, is the need to |
| white sandy beaches and exotic cuisines, the Spanish | | | | choose your own solicitor to deal with all of the legal |
| property market is set to be promising for those | | | | fees and paperwork, this will make life easier. Not |
| looking to invest in the future. The standard of living | | | | only that, the location of the property will determine |
| would not be compromised for people looking to | | | | whether the property will remain an asset to you in |
| settle. However, first-time buyers will need to be | | | | the future. |
| careful about the choice they make when buying a | | | | It would then be advisable to research the various |
| property, such as the location, market trends and | | | | areas that are likely to become more popular, near |
| quality of the property. | | | | local amenities, accessible to transportation and have |
| However, not all is rosy in the world of Spanish | | | | other facilities available such as restaurants, |
| property investment. For those Brits looking to rent | | | | entertainment etc. This will enable a safe and sound |
| out their private house to tourists and tenants, will | | | | decision in your choice of property. |
| need to be careful as the Spanish authorities and | | | | |